Fraudulent Appraisal Transactions

Fraudulent appraisal transactions involve manipulating property valuations to misrepresent their true worth. This can be done by inflating or deflating property values through deceptive appraisals, often to secure higher mortgage loans, commit loan fraud, or deceive investors. Such activities distort the lending process and can lead to financial losses, increased risks for lenders, and distorted real estate markets. Essentially, it’s an illegal practice where appraisal values are intentionally falsified to benefit specific parties at the expense of accuracy and fairness.